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FreightWaves Today

Ryder’s Loyalty Incentive Program and Earnings from E2Open

May 3, 2023 · 9 min
0:00-9:15

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John Kingston - Editor At Large - FreightWaves - Carle Place, NY


Topic: Ryder’s Loyalty Incentive Program and Earnings from E2Open

  1. This is an interesting incentive program, how does it work?

  2. And it’s not based on how many dollars a customer spends with Ryder…

  3. They also had their earnings release - with their Fleet Management Systems still bringing in the lion’s share of revenue, but more growth from other areas….


Topic: E2Open Earnings

  1. E2Open had an interesting call where their earnings were not significantly down, but the outlook was.  Are they in trouble after reporting they lost $720 Million last fiscal year?

  2. “In its forecast for fiscal 2024, which began March 1, e2Open forecast that subscription revenue measured by GAAP standards would be $545 million to $555 million, an increase of 3.2% from the full-year 2023 figure of $532.9 million. That percentage increase compares to the more than 58% figure for fiscal 2023 compared to 2022 and is well below even the 18.2% increase in subscription revenue posted for the fourth quarter.”



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